The Bank of England has said that the failure of EU regulators to put in place measures to protect continental banks increased the risk of panicky trading on financial markets in the aftermath of a no-deal Brexit.

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The Bank of England has said that the failure of EU regulators to put in place measures to protect continental banks increased the risk of panicky trading on financial markets in the aftermath of a no-deal Brexit.

The Barclays chief executive, Jes Staley, has promised to return more money to shareholders in a bid to fend off the attentions of the activist investor Edward Bramson, as the bank reported flat profits for 2018.